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Print - 2015-10-12
Twitter makes it easier to grab onto hot 'Moments'

Twitter makes it easier to grab onto hot 'Moments'

Twitter made it easier Tuesday to seize hot tweets and high-profile posts from the flood of real-time commentary at the one-to-many messaging service. A new "Moments" feature that promised to let people quickly tune into "the best of Twitter" made its deb
Published 12 Oct, 2015 12:00am
Scientists warn El Nino coral damage could be worst ever

Scientists warn El Nino coral damage could be worst ever

Scientists on October 08 warned the world faced mass global coral bleaching next year driven by the warming effects of the El Nino weather phenomenon, and it could be the worst on record. A study by the University of Queensland and the US National Oceanic
Published 12 Oct, 2015 12:00am
Volcanic eruptions can reduce river flows by up to 10 percent

Volcanic eruptions can reduce river flows by up to 10 percent

Volcanic eruptions can reduce water flows in big rivers, reports a study released on October 05 that cautions against schemes to fight global warming by injecting reflective particles into the sky. The volume of water in rivers including the Amazon, Nile
Published 12 Oct, 2015 12:00am
Wildfires more likely in warming world

Wildfires more likely in warming world

A warming climate could lead to a spike in wildfires, according to a study on October 05, that researched the history of brush blazes in the Rocky Mountains.
Published 12 Oct, 2015 12:00am
Vulnerable nations launch 'V20' to fight climate change

Vulnerable nations launch 'V20' to fight climate change

Finance ministers from 20 of the countries most vulnerable to climate change launched the "V20" group on October 08, to pool resources for their fight against the impact of global warming. The group, which includes some of the world's smallest and poorest
Published 12 Oct, 2015 12:00am
Brain scans can predict patients at risk of major depression

Brain scans can predict patients at risk of major depression

Scientists studying people with depression say brain scans could be used to predict who is most likely to relapse, an approach that could help doctors make better decisions about who should stay on antidepressants and who should stop. In a small study of
Published 12 Oct, 2015 12:00am
Pakistan pose new spin threat for England

Pakistan pose new spin threat for England

England face the daunting prospect of overcoming Pakistan's new-look spin line-up as the Ashes winners try to reverse the Test whitewash they suffered last time around on the dry pitches of the United Arab Emirates.
Published 12 Oct, 2015 12:00am
ICC probes Sri Lanka official over match fixing

ICC probes Sri Lanka official over match fixing

The International Cricket Council has launched a probe into a top Sri Lankan official suspected of involvement in match-fixing, the sport's local governing body said Sunday. Jayananda Warnaweera, curator of the Galle International Stadium, is under invest
Published 12 Oct, 2015 12:00am
Mexico clinch CONCACAF Cup

Mexico clinch CONCACAF Cup

Mexico won a pulsating CONCACAF Cup playoff match against the United States 3-2 in extra time at the Rose Bowl on Saturday to book their place in next year's Confederations Cup. It was their first victory against the US since they clinched the 2011 Gold C
Published 12 Oct, 2015 12:00am
Nearly 200 foreign players keen on Bangladesh Twenty20

Nearly 200 foreign players keen on Bangladesh Twenty20

Nearly 200 foreign cricketers have expressed interest in the Bangladesh Premier League despite security threats that forced the Australian team to cancel its tour of the country, officials said Sunday.
Published 12 Oct, 2015 12:00am
Djokovic crushes Nadal to win China Open

Djokovic crushes Nadal to win China Open

World number one Novak Djokovic continued his recent dominance over Rafa Nadal when he beat the Spaniard in the final of the China Open to win the tournament for the sixth time on Sunday. The Serbian showed no mercy against the Spaniard, who was hampered
Published 12 Oct, 2015 12:00am
Defiant Blatter says 'I'm a fighter'

Defiant Blatter says 'I'm a fighter'

FIFA's Sepp Blatter, who is appealing a 90-day suspension from the scandal-tainted world football body, said Sunday he would fight to defend his reputation. "I'm a fighter," he told the Swiss weekly Schweizer am Sonntag. "They can destroy me, but they can
Published 12 Oct, 2015 12:00am
Ervine sets up Zimbabwe series win over Ireland

Ervine sets up Zimbabwe series win over Ireland

Craig Ervine hit an undefeated century to lead Zimbabwe to a five-wicket win over Ireland and their first series triumph in more than two years on Sunday. Ervine had hit 60 in his team's opening two-wicket win on Friday and he maintained his blistering fo
Published 12 Oct, 2015 12:00am
Wawrinka crushes Paire to win Japan Open

Wawrinka crushes Paire to win Japan Open

Top seed Stan Wawrinka won the Japan Open after thrashing Frenchman Benoit Paire 6-2, 6-4 in a one-sided final to capture his fourth title of the year. French Open champion Wawrinka needed just 65 minutes to complete victory in Tokyo with Paire, who under
Published 12 Oct, 2015 12:00am
Muguruza takes Beijing title

Muguruza takes Beijing title

Spain's Garbine Muguruza underlined her rise in world tennis on Sunday as she beat Timea Bacsinszky in straight sets to win her second career title at the China Open in Beijing. This year's Wimbledon finalist overcame a slow start by both players to clinc
Published 12 Oct, 2015 12:00am
South Africa win batting thriller against India

South Africa win batting thriller against India

A brilliant 150 off 133 balls from Rohit Sharma was in vain as South Africa defeated India by five runs in the first one-day international in Kanpur on Sunday. In a high-scoring thriller helped by short boundaries at the packed Green Park stadium, India m
Published 12 Oct, 2015 12:00am
Mercedes take title as Hamilton wins in Russia

Mercedes take title as Hamilton wins in Russia

Mercedes clinched their second successive Formula One constructors' championship on Sunday and Lewis Hamilton took a huge stride towards his third drivers' title with victory in Russia.
Published 12 Oct, 2015 12:00am
Australian great Thomson urges India to change attitude

Australian great Thomson urges India to change attitude

Australian cricket great Jeff Thomson says India must change its attitude if it wants to produce top-class fast bowlers. Thomson, considered by many to be the quickest bowler of all time, told AFP that aspiring Indian pacemen should stop playing second fi
Published 12 Oct, 2015 12:00am
'Sindh, Balochistan still without agri policies despite devolution'

'Sindh, Balochistan still without agri policies despite devolution'

"After the passage of 18th Constitutional Amendment, Sindh and Balochistan are running without agriculture policies due to lethargic attitude of bureaucracy. This negligence and slackness of authorities have caused food insecurity and low crop production.
Published 12 Oct, 2015 12:00am
Special courts for women demanded

Special courts for women demanded

Women Action Forum (WAF) has demanded the Sindh government to set up special courts to deliver immediate justice to women, who are being killed in name of honour or married against their free will. The WAF made this demand during a rally taken out from Sh
Published 12 Oct, 2015 12:00am
Showroom inaugurated

Showroom inaugurated

The EcoStar & GREE Shalimar Link road Showroom ribbon cutting ceremony held on 5th October, 2015 evening with lot of guest and media persons. The show room was inaugurated by Rizwan Butt, COO, DWP Group - CE division. EcoStar & GREE showroom is a 1050 squ
Published 12 Oct, 2015 12:00am
Opening ceremony of first iNew customer service centre

Opening ceremony of first iNew customer service centre

After launching its five android smartphones in Pakistan, iNew Pakistan continues to expand its presence by opening its first Customer Service Centre to provide after-sales support for all users in the provincial capital. The premise is strategically loca
Published 12 Oct, 2015 12:00am
Four injured in firing incidents

Four injured in firing incidents

Four persons including a woman were injured in two separate incidents of violence in the city, here on Sunday. According to police sources, three persons were shot and injured by unidentified men in a shooting incident in the limits of Mehmoodabad police
Published 12 Oct, 2015 12:00am
BDS defuses bomb

BDS defuses bomb

Bomb Disposal Squad (BDS) on Sunday defused a bomb recovered from the rooftop of a house in Ghulistan-e-Jauhar area here. According to police, the bomb was found from the rooftop of a house located near Kamran roundabout, Ghulistan-e-Jauhar. The bomb was
Published 12 Oct, 2015 12:00am
Tributes paid to Sir Syed on 198th birth anniversary

Tributes paid to Sir Syed on 198th birth anniversary

With only two years left for Aligarhians to observe Sir Syed Ahmed Khan's 200th birth anniversary in 2017, glowing tributes were paid to great reformer and educationist on the occasion of his 198th birth anniversary.
Published 12 Oct, 2015 12:00am
Aman Health celebrates 'World Mental Health Day'

Aman Health celebrates 'World Mental Health Day'

Aman Health celebrated the "World Mental Health Day", by organising a walk in Ibrahim Hyderi, Korangi, Karachi. The walk was co-ordinated today by Aman Health's mental health initiative, "MASHAL". "World Mental Health Day" is celebrated to build awareness
Published 12 Oct, 2015 12:00am
New social media platform for brand consumer engagement launched

New social media platform for brand consumer engagement launched

British Pakistani entrepreneur Amina Nabi launches new social media platform for brand consumer engagement, Kinnect2 at the Kalvingore Art Gallery and Museum Glasgow. Speaking on the occasion Amina Nabi CEO and founder of Kinnect2 said that identifying th
Published 12 Oct, 2015 12:00am
Drive against adulteration, adulterators getting renewed focus

Drive against adulteration, adulterators getting renewed focus

The campaign against adulterators and profiteers in Karachi is being made all the more stringent and transparent, said Commissioner of Karachi, Shoaib Ahmad Siddiqui. Addressing activists working for the cause of protecting consumers' rights, he said admi
Published 12 Oct, 2015 12:00am
The spectre of fake currency notes
Currency

The spectre of fake currency notes

The issue of counterfeit currency circulating in the county has largely come to the public domain since it was discussed during a briefing given by a team from SBP to the Senate's Standing Committee on Finance a few days ago. It was reported that banks ha
Published 12 Oct, 2015 12:00am
Modi-led India cowed down by cow worshippers

Modi-led India cowed down by cow worshippers

Brawls and scuffles in elected houses are not uncommon, but if and when they do take place they shine light on the complexity of the political culture prevailing in the house. The thrashing of Abdel Rashid Sheikh, an independent member of the Indian Occup
Published 12 Oct, 2015 12:00am
FE reserves: higher indebtedness
Currency

FE reserves: higher indebtedness

Federal Finance Minister Ishaq Dar has not stopped crowing about the rise in foreign exchange reserves to 18.72 billion dollars as of 11th September 2015 from around 11 billion dollars in 2012-13, the last year in the tenure of the PPP-led coalition gover
Published 12 Oct, 2015 12:00am
Enforcing a global climate deal: speak loudly, carry no stick

Enforcing a global climate deal: speak loudly, carry no stick

Negotiators have several terms for the way they plan to enforce any deal reached at global climate talks in Paris this December. "Peer pressure" and "co-operation" are a couple. "Race to the top" is the American buzzword.
Published 12 Oct, 2015 12:00am
Power outages: 'clarification' by Prime Minister

Power outages: 'clarification' by Prime Minister

How ironic it is that prime minister had to clarify something that he had never said. Making his position clear that he had never said that his government would overcome electricity challenge within six months, he has expressed his resolve to overcome pow
Published 12 Oct, 2015 12:00am
78 alleged criminals held

78 alleged criminals held

Police on Sunday claimed to have arrested 78 alleged criminals in different raids conducted in various parts of city during last 24 hours. Police said that 78 accused allegedly involved in various criminal activities were apprehended in their 67 raids and
Published 12 Oct, 2015 12:00am
Three killed in Khuzdar road accident

Three killed in Khuzdar road accident

At least three persons were killed and five others injured in a collision between two cars here on Sunday. According to Levies sources, the accident took place near Baghbana locality of district Khuzdar where two over speeding cars collided head-on. Three
Published 12 Oct, 2015 12:00am
Parties express satisfaction over peaceful conduct of by-polls

Parties express satisfaction over peaceful conduct of by-polls

All the contestant political parties including N-league , PTI , PPP and independent candidates expressed their satisfaction over the orderly and peaceful conduct of by-polls in NA-122, PA 147, Lahore and NA-144 Okara on Sunday except for a few minor scuff
Published 12 Oct, 2015 12:00am
Ankara blasts: Prime Minister condoles

Ankara blasts: Prime Minister condoles

Prime Minister Muhammad Nawaz Sharif has phoned Turkish President Recep Tayyip Erdogan and extended his heartfelt condolences on the loss of lives in a bomb blast in Ankara. The Prime Minister prayed for the departed souls and commiserated with the people
Published 12 Oct, 2015 12:00am
NAB chalks out national anti-corruption strategy

NAB chalks out national anti-corruption strategy

Corruption is the mother of all evils, as it undermines development and rule of law. Corruption not only causes delays in the early completion of development projects but also causes huge losses to national exchequer. Considering these facts, National Acc
Published 12 Oct, 2015 12:00am
Message from AGP, Chief Guest

Message from AGP, Chief Guest

It gives me immense pleasure that PIPFA and CIPFA have joined hands by singing an MOU to create an environment for growth through sound public financial management in Pakistan. On this eve, I wish all the success to PIPFA and CIPFA. I sincerely hope that
Published 12 Oct, 2015 12:00am
Message from President, PIPFA

Message from President, PIPFA

The signing of MoU between Pakistan Institute of Public Finance Accountants (PIPFA) and Chartered Institute of Public Finance Accountancy (CIPFA) of United Kingdom is a new milestone in the history of accountancy in Pakistan and this initiative is expecte
Published 12 Oct, 2015 12:00am
Message from Chief Executive, CIPFA

Message from Chief Executive, CIPFA

Strong governance and public financial management needs to sit at the heart of any government looking to develop long-term financial sustainability for public services.
Published 12 Oct, 2015 12:00am
Message from President, ICAP

Message from President, ICAP

There is an increasing focus on improving the quality of Public Financial Management (PFM) around the globe, with many countries in both the developed and developing world making important and impressive achievements in strengthening PFM and governance.
Published 12 Oct, 2015 12:00am
Message from President, ICMA Pakistan

Message from President, ICMA Pakistan

I am delighted to know that Pakistan Institute of Public Finance Accountants (PIPFA) is organising a Public Finance Management Conference. It is a good initiative to deliberate on public financial management issues thus increasing its awareness among the
Published 12 Oct, 2015 12:00am
About PIPFA

About PIPFA

PIPFA is a body incorporated as a Non-profit Association under Section 42 of the Companies Ordinance, 1984. PIPFA is the premium national body for imparting professional accountancy education to the Public Sector of Pakistan besides a gateway professional
Published 12 Oct, 2015 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 05 to 09 2015).

Published 12 Oct, 2015 12:00am
The Weather

The Weather

The weather report on Sunday (October 11, 2015) and the forecast for Monday (October 12, 2015).

Published 12 Oct, 2015 12:00am
Thousands rally as Turkey mourns worst ever attack

Thousands rally as Turkey mourns worst ever attack

Thousands of people took to the streets of Ankara on Sunday to denounce the government and remember 95 people killed in twin suspected suicide bombings on a peace rally, as Turkey mourned its worst ever attack. Prime Minister Ahmet Davutoglu declared thre
Published 12 Oct, 2015 12:00am
Thousands rally as Turkey mourns worst ever attack

Thousands rally as Turkey mourns worst ever attack

Thousands of people took to the streets of Ankara on Sunday to denounce the government and remember 95 people killed in twin suspected suicide bombings on a peace rally, as Turkey mourned its worst ever attack. Prime Minister Ahmet Davutoglu declared thre
Published 12 Oct, 2015 12:00am
THE RUPEE: divergent trend
Currency

THE RUPEE: divergent trend

The rupee moved both ways against the dollar on the money market during the week, ended on 10 October, 2015. In the interbank market, the rupee picked up seven paisas against the dollar for buying and selling at Rs 104.42 and Rs 104.44.
Published 12 Oct, 2015 12:00am
THE RUPEE: divergent trend
Currency

THE RUPEE: divergent trend

The rupee moved both ways against the dollar on the money market during the week, ended on 10 October, 2015. In the interbank market, the rupee picked up seven paisas against the dollar for buying and selling at Rs 104.42 and Rs 104.44.
Published 12 Oct, 2015 12:00am
Tax Year 2014: NTDC, Discos now liable to pay min tax

Tax Year 2014: NTDC, Discos now liable to pay min tax

National Transmission and Dispatch Company (NTDC) and power distribution companies are now liable to pay minimum tax under Income Tax Ordinance, 2001 on the cost of electricity with effect from Tax Year 2014. Federal Board of Revenue (FBR) is estimating r
Published 12 Oct, 2015 12:00am
Tax Year 2014: NTDC, Discos now liable to pay min tax

Tax Year 2014: NTDC, Discos now liable to pay min tax

National Transmission and Dispatch Company (NTDC) and power distribution companies are now liable to pay minimum tax under Income Tax Ordinance, 2001 on the cost of electricity with effect from Tax Year 2014. Federal Board of Revenue (FBR) is estimating r
Published 12 Oct, 2015 12:00am
Tax Year 2014: NTDC, Discos now liable to pay min tax

Tax Year 2014: NTDC, Discos now liable to pay min tax

National Transmission and Dispatch Company (NTDC) and power distribution companies are now liable to pay minimum tax under Income Tax Ordinance, 2001 on the cost of electricity with effect from Tax Year 2014. Federal Board of Revenue (FBR) is estimating r
Published 12 Oct, 2015 12:00am
USAID's $218 million power distribution plan in doldrums

USAID's $218 million power distribution plan in doldrums

The United States Agency for International Development's (USAID) $218 million Power Distribution Program (PDP) is in the doldrums as the contractors are leaving the country without handing over the project to the concerned Power Distribution Companies (Di
Published 12 Oct, 2015 12:00am
USAID's $218 million power distribution plan in doldrums

USAID's $218 million power distribution plan in doldrums

The United States Agency for International Development's (USAID) $218 million Power Distribution Program (PDP) is in the doldrums as the contractors are leaving the country without handing over the project to the concerned Power Distribution Companies (Di
Published 12 Oct, 2015 12:00am
USAID''s $218 million power distribution plan in doldrums

USAID''s $218 million power distribution plan in doldrums

The United States Agency for International Development''s (USAID) $218 million Power Distribution Program (PDP) is in the doldrums as the contractors are leaving the country without handing over the project to the concerned Power Distribution Companies (D
Published 12 Oct, 2015 12:00am
Excitement returns to KSE
Mutual Funds

Excitement returns to KSE

Karachi equities ended the week in green with KSE-100 index growing by three percent to close at 33,843.18 points. The otherwise bearish bourse, researchers at Topline Research believe, tracked recovery in Asian markets. Further, they said, sharp recovery
Published 12 Oct, 2015 12:00am
Excitement returns to KSE
Mutual Funds

Excitement returns to KSE

Karachi equities ended the week in green with KSE-100 index growing by three percent to close at 33,843.18 points. The otherwise bearish bourse, researchers at Topline Research believe, tracked recovery in Asian markets. Further, they said, sharp recovery
Published 12 Oct, 2015 12:00am
Excitement returns to KSE
Mutual Funds

Excitement returns to KSE

Karachi equities ended the week in green with KSE-100 index growing by three percent to close at 33,843.18 points. The otherwise bearish bourse, researchers at Topline Research believe, tracked recovery in Asian markets. Further, they said, sharp recovery
Published 12 Oct, 2015 12:00am
Futures spreads up 206 basis points

Futures spreads up 206 basis points

Futures spreads during the week, which ended on October 9, added 206 basis points to close at 10.78 percent from 8.72 percent of preceding week. The average daily trading volumes stood at 31.83 million shares, up 1.5 percent compared to the previous 31.38
Published 12 Oct, 2015 12:00am
Futures spreads up 206 basis points

Futures spreads up 206 basis points

Futures spreads during the week, which ended on October 9, added 206 basis points to close at 10.78 percent from 8.72 percent of preceding week. The average daily trading volumes stood at 31.83 million shares, up 1.5 percent compared to the previous 31.38
Published 12 Oct, 2015 12:00am
Futures spreads up 206 basis points

Futures spreads up 206 basis points

Futures spreads during the week, which ended on October 9, added 206 basis points to close at 10.78 percent from 8.72 percent of preceding week. The average daily trading volumes stood at 31.83 million shares, up 1.5 percent compared to the previous 31.38
Published 12 Oct, 2015 12:00am
Futures spreads up 206 basis points

Futures spreads up 206 basis points

Futures spreads during the week, which ended on October 9, added 206 basis points to close at 10.78 percent from 8.72 percent of preceding week. The average daily trading volumes stood at 31.83 million shares, up 1.5 percent compared to the previous 31.38
Published 12 Oct, 2015 12:00am
Exports: NTC rules out variation impact on exchange rate
Cotton

Exports: NTC rules out variation impact on exchange rate

National Tariff Commission (NTC), an arm of Commerce Ministry, ruled out the impact of variation in exchange rate on Pakistan's exports and instead highlighted other factors like security situation, energy and interest rates negatively impacting on export
Published 12 Oct, 2015 12:00am
Exports: NTC rules out variation impact on exchange rate
Cotton

Exports: NTC rules out variation impact on exchange rate

National Tariff Commission (NTC), an arm of Commerce Ministry, ruled out the impact of variation in exchange rate on Pakistan's exports and instead highlighted other factors like security situation, energy and interest rates negatively impacting on export
Published 12 Oct, 2015 12:00am
Exports: NTC rules out variation impact on exchange rate
Cotton

Exports: NTC rules out variation impact on exchange rate

National Tariff Commission (NTC), an arm of Commerce Ministry, ruled out the impact of variation in exchange rate on Pakistan''s exports and instead highlighted other factors like security situation, energy and interest rates negatively impacting on expor
Published 12 Oct, 2015 12:00am
Exports: NTC rules out variation impact on exchange rate
Cotton

Exports: NTC rules out variation impact on exchange rate

National Tariff Commission (NTC), an arm of Commerce Ministry, ruled out the impact of variation in exchange rate on Pakistan''''s exports and instead highlighted other factors like security situation, energy and interest rates negatively impacting on exp
Published 12 Oct, 2015 12:00am
PML-N wins Lahore's by-poll narrowly, loses Okara's by wide margin

PML-N wins Lahore's by-poll narrowly, loses Okara's by wide margin

Pakistan Muslim League (Nawaz) candidate Ayaz Sadiq has won the most keenly contested NA-122 seat, defeating PTI candidate Abdul Aleem Khan by a close margin of about 4,000 votes, whereas it has lost NA-144 (Okara) seat by over 40,000 votes. According to
Published 12 Oct, 2015 12:00am
PML-N wins Lahore's by-poll narrowly, loses Okara's by wide margin

PML-N wins Lahore's by-poll narrowly, loses Okara's by wide margin

Pakistan Muslim League (Nawaz) candidate Ayaz Sadiq has won the most keenly contested NA-122 seat, defeating PTI candidate Abdul Aleem Khan by a close margin of about 4,000 votes, whereas it has lost NA-144 (Okara) seat by over 40,000 votes. According to
Published 12 Oct, 2015 12:00am
ECP lauds Army, LEAs for peaceful by-elections

ECP lauds Army, LEAs for peaceful by-elections

Secretary Election Commission of Pakistan (ECP) Babar Yaqoob Fateh Mohammad on Sunday expressed satisfaction on the peaceful holding of by-elections in NA-122, NA-144 and PP-147. Talking to media persons here, the secretary said that the by-polls on all t
Published 12 Oct, 2015 12:00am
ECP lauds Army, LEAs for peaceful by-elections

ECP lauds Army, LEAs for peaceful by-elections

Secretary Election Commission of Pakistan (ECP) Babar Yaqoob Fateh Mohammad on Sunday expressed satisfaction on the peaceful holding of by-elections in NA-122, NA-144 and PP-147. Talking to media persons here, the secretary said that the by-polls on all t
Published 12 Oct, 2015 12:00am
Maldives warns India over pressure to free former president

Maldives warns India over pressure to free former president

Maldivian President Abdulla Yameen on Sunday warned India's foreign minister against external interference in the islands' affairs, his office said, as international pressure mounts to release his jailed predecessor. The president told Foreign Minister Su
Published 12 Oct, 2015 12:00am
Belarus leader Lukashenko headed for landslide re-election

Belarus leader Lukashenko headed for landslide re-election

President Alexander Lukashenko was on track to win a fifth consecutive term by a landslide Sunday, exit polls showed, as the Belarussian leader warned critics against contesting the election outcome and ridiculed one of his opponents for being a woman.
Published 12 Oct, 2015 12:00am
OPEC chief confident of a balanced oil market in 2016

OPEC chief confident of a balanced oil market in 2016

OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing, the cartel's secretary general Abdullah el-Badri said Sunday.
Published 12 Oct, 2015 12:00am
OPEC chief confident of a balanced oil market in 2016

OPEC chief confident of a balanced oil market in 2016

OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing, the cartel's secretary general Abdullah el-Badri said Sunday.
Published 12 Oct, 2015 12:00am
OPEC chief confident of a balanced oil market in 2016

OPEC chief confident of a balanced oil market in 2016

OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing, the cartel''s secretary general Abdullah el-Badri said Sunday.
Published 12 Oct, 2015 12:00am
President condemns Ankara blasts

President condemns Ankara blasts

President Mamnoon Hussain Sunday strongly condemned the blasts took place in Turkish capital Ankara, expressing condolences over the loss of lives. In a statement issued by the President House, the President said the people and government of Pakistan stoo
Published 12 Oct, 2015 12:00am
KP government determined to curb corruption at all levels: Khattak

KP government determined to curb corruption at all levels: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that the PTI-led government is determined to curb corruption at all levels particularly from government departments, maintain discipline and ensure judicious use of district development funds in th
Published 12 Oct, 2015 12:00am
Prices of all kitchen items register increase

Prices of all kitchen items register increase

Prices of almost all kinds of essential daily use items, including vegetables, fruits and other groceries, registered a manifold increase in open market during the preceding week, according to a survey conducted by Business Recorder here on Sunday.
Published 12 Oct, 2015 12:00am
NAB rejects allegations

NAB rejects allegations

In a press statement dated 09.10.2015, issued by the management of Formanites Housing Scheme, Lahore, a number of allegations have been levelled against this Bureau and its functioning. Fingers have also been pointed at the professionalism and integrity o
Published 12 Oct, 2015 12:00am
Asif terms Russia operation in Syria helpful to entire region

Asif terms Russia operation in Syria helpful to entire region

Pakistan defence minister believes that Russia's current military operation against Daesh and other terrorist groups in Syria is helpful to the Arab country and the whole region. Khawaja Muhammad Asif told Irna that Russia's military operation against ter
Published 12 Oct, 2015 12:00am
FBR's IT System unable to treat CNIC as NTN for new filer

FBR's IT System unable to treat CNIC as NTN for new filer

Federal Board of Revenue (FBR) IT system discourages new persons who are willing to file their tax returns and pay their income tax liability as the IRIS is not generating any tax payment slip commonly known as Payment Slip ID (PSID).
Published 12 Oct, 2015 12:00am
Former SSGC MD's statement refuted by family

Former SSGC MD's statement refuted by family

Former SSGC Chief's family has denied his alleged statements appearing in the media after his arrest by the Rangers. Several claims that have run in the national press about and attributed to Zuhair Siddiqui, former managing-director of Sui Southern Gas C
Published 12 Oct, 2015 12:00am
New branches in remote areas: MCCI hails SBP policy

New branches in remote areas: MCCI hails SBP policy

Business Community of Southern Punjab has hailed the instructions of Federal Minister for Finance Muhammad Ishaq Dar to all the banks to open at least 20 percent new branches in rural, underserved and remote areas. As per policy of State Bank of Pakistan
Published 12 Oct, 2015 12:00am
Special incentives for engineering sector urged

Special incentives for engineering sector urged

Imtiaz Rastgar, former CEO of Engineering Development Board, Federal Ministry of Industries said that government must promote engineering sector of Pakistan by granting incentives such as tariff facilitation, market expansion and policy making for the gro
Published 12 Oct, 2015 12:00am
Public sector financial management: AGP holding conference today

Public sector financial management: AGP holding conference today

Department of the Auditor General of Pakistan being a sponsoring body of Pakistan Institute of Public Finance Accountants (PIPFA) is holding a conference on public sector financial management at Avari Hotel on Monday. The conference will start at 8.30 am
Published 12 Oct, 2015 12:00am
Samjhota Express operations: business community flays cancellation

Samjhota Express operations: business community flays cancellation

The business community of South Punjab has vehemently condemned the cancellation of operation of Samjhota Express twice a week. They also hailed historic speech delivered by the Prime Minister Nawaz Sharif, at the UN General Assembly reminding the world c
Published 12 Oct, 2015 12:00am
JI Shoora for addressing women and youth issues

JI Shoora for addressing women and youth issues

The central Shoora of the Jamaat-e-Islami, Pakistan has expressed grave concern over the numerous problems being faced by the country's youth and the women. A resolution adopted by the Shoora said that the youth, comprising around 50 million were a great
Published 12 Oct, 2015 12:00am
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